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Overnight Open Thread

291
Carl in Jerusalem2/25/2009 4:26:50 am PST

re: #285 MandyManners

Pardon my ignorance but, what’s “mark to market”?

It means you have to use the real market value rather than the historical one.

Values of financial instruments move with interest rates and economic prospects. Marking them to market gives you their real value rather than their historical one.